Section C Flashcards
The most important resource in a companny is….
Therefor what is also important
The people (employees)
HRM is also important because it manages these valuable resources
What are the 3 elements to the Strategic HRM model
Find the right people
Develop and effective workforce
Maintain an effective workforce
4 steps for attracting the right people
- Human resource planning (what the future needs will be)
- Job analysis (recruit the right type of people and match them to the appropriate job)
- Recruiting (finding people who fit the planning and analysis)
- Selecting (get candidates and go through applications, do job interview etc).
3 steps of developing employees
- Training (induction, on the job learning, task focused)
- Development (future focused, broaden skills)
- Performance appraisals (usually anually, adressing things to work on)
4 steps to maintaining employees
- Compensation and benefits (life insurance, health insurance, car etc)
- Health and well-being (responsible for wellbeing - te whare tapa wha)
- Labour relations
- Terminations
Indicators of effective performance management
- Organisational productivity: increased output, lower errors
- Individual performance: reduced turnover, reduced stress, high job satisfaction
- Compliance: low levels of conflict, improved health and safety
Leadership =
The ability to influence people towards the attainment of organisational goals
What are sources of power to consider in leadership (2 categories)
Position power
1. Legitimate power = derived from a persons job/ position
2. Reward power = ability to provide rewards
3. Coercive power = ability to punish others
Personel power
1. Expert power = regarding the person as an expert
2. Referent power = characteristics of respect, admiration etc.
One of the best ways of leadership is through…
Empowerment
3 types of leaders
- Autocratic = authority
- Democratic = delegates
- Laissez-Faire = relaxed
2 types of behavioural leadership approaches
People oriented
- All about the people
Task oriented
- All about getting work done
Blake and Moutons leadership grid
Country club management
- People focused
Team management
- Care about people and task
Middle of the road management
- Balance
Impoverished management
- Minimum effort or care for either
Bad area
Authority-compliance management
- High stress, just care about goals
Bad area
2 contingency theories
- Fiedlers contingency theory
Best of both worlds - people and task oriented - Hersey and Blanchards situation theory
3 components: task behaviour, relationship behaviour, follower readiness state
Transactional leaders vs Transformational-Charismatic leaders
1 = Task focused, initiates structure, provides rewards, clarrifys roles
2 = people who we think are amazing
4 kinds of followers
Alienated
- critical and passive
Effective
- high critical thinking
Passive
- will do anything, passive, not critical
Conformist
- slightly critical
Taylorisim wanted a …. follower
But today we want a ….. follower
Passive
Effective
Intristic vs Extrinsic reward
Intrinsic =
Come from inside
Internal satisfaction received in the process of performing an action
Extrinsic =
come from outside
Reward given by another person
3 needs theories
- Maslow Hierarchy of needs theory
- ERG theory
- Herzbergs Two factor theory
Maslows hierarchy of needs theory
BOTTOM OF PYRAMID
1. Psychological needs - basic needs for survival
- Safety needs - financial and physical safety
- Belongingness needs - social connections
- Esteem needs - feeling valued
- Self-actualisation needs - realising your full potential and are becoming the best version of yourself
TOP OF PYRAMID
Maslow was specific in….
And said…
The order of the needs
If one of the needs are not met, we immediately fall to that level to try and fix it